> It will depend on the consent of the Beneficiary whether to turn back the Funds to the Originator.

SCT Inst Scheme Rulebook § 4.3.2.3 [0].

Of course, if you are talking about fraud, yes: banks may answer positively to a recall, without contacting the beneficiary, when the beneficiary is a fraudster. Indeed, local laws often require that of banks, and therefore the standards define a dedicated protocol for that.

When you break the law, many legal protections no longer apply.

[0]: https://www.europeanpaymentscouncil.eu/sites/default/files/k...